Monthly Archives: August 2024

David Beckham makes bold claim about USMNT’s World Cup chances as he shares how Argentina icon Lionel Messi will play massive role

[ad_1] By Jake Fenner Published: 20:03 EDT, 29 August 2024 | Updated: 20:03 EDT, 29 August 2024 David Beckham holds the belief that the United States men’s national team will eventually, one day, win the World Cup. He also believes that his acquisition of Lionel Messi to Inter Miami will help inspire younger generations in order to achieve that goal. Speaking on an episode of First We Feast’s ‘Hot Ones’, Beckham shared with host Sean Evans that he believes acquiring Messi will help the USMNT towards that ultimate goal.  ‘There’s only so far you can go on the business talk and contract talks. I think player to player, I think it makes a huge difference. And I came at it as a player that had obviously moved from Real Madrid to the LA Galaxy.  ‘It’s a gift in the sense of, I want to inspire the next generation of young kids that are playing in this country, because at some point, the US will win the World Cup. At some point. David Beckham believes that the USMNT will – eventually – win a World Cup one day The USMNT is at a crossroads – with Mauricio Pochettino rumored to be taking over the job ‘It needs moments like this where you bring someone of Leo’s magnitude. He’s good on the field, he’s good off the field, he’s the perfect professional.  ‘If you bring someone like that, then all of these young kids that are watching throughout America, going to watch him in their stadiums, in their city, get inspired. That’s really what we wanted to do.’ At the present moment, the United States men’s national team is at something of a crossroads. Over the summer, they crashed out of the Copa America in the group stage after a win over Bolivia was followed up with a stunning loss to Panama and, ultimately, another defeat to Uruguay. That embarrassment led the USMNT to firing coach Gregg Berhalter and began an international search for its next coach before hosting a majority of games at the 2026 FIFA World Cup. Multiple sources have reported that the next manager of the team will be Mauricio Pochettino, however no official announcement has been made or planned. The United States will be playing its next game in Kansas City when they take on cross-border rivals Canada in a friendly.  David BeckhamLionel Messi Share or comment on this article: David Beckham makes bold claim about USMNT’s World Cup chances as he shares how Argentina icon Lionel Messi will play massive role [ad_2] Source link

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AI chip giant Nvidia’s shares sink despite record sales of $30bn

[ad_1] Shares in Nvidia have fallen despite the artificial intelligence (AI) chip giant comfortably beating expectations after more than doubling its sales. Nvidia announced record revenues of $30bn (£24.7bn) over a three-month period. The company has been one of the biggest beneficiaries of the AI boom, with its stock market value soaring to more than $3 trillion. But while analysts have grown used to Nvidia producing “spectacular” sales growth, the latest results indicate “that rate of growth was starting to slow,” said Simon French, head of research at Panmure Liberum. Analysts had forecast sales growth of $28.7bn for the three months to 28 July. Nvidia surpassed this with revenues increasing by 122% compared to the same period last year. But following the release of the results, Nvidia’s share price fell by 6% in after-hours trading in New York on Wednesday. On Thursday, its shares were down about 2% in early trading, but its stock remains about 150% up so far in 2024, making it one of the big winners in the US market. “It’s less about just beating estimates now,” said Matt Britzman, senior equity analyst at Hargreaves Lansdown. “Markets expect them to be shattered and it’s the scale of the beat today that looks to have disappointed a touch.” Announcing the latest results, Nvidia chief executive Jensen Huang said: “Generative AI will revolutionise every industry.” But Mr French told the BBC: “If you’re going to raise expectations that high then you’ve got to keep growing at spectacular rates.” He added that while its current AI chip – called Hopper – is selling well, the next generation Blackwell chip “has faced some production delays and that perhaps is one of the reasons why Wall Street after hours sold off the stock”. Nvidia’s results have become a quarterly event which sends Wall Street into a frenzy of buying and selling shares. A “watch party” had been planned in Manhattan, according to the Wall Street Journal, while Mr Huang, famed for his signature leather jacket, has been dubbed the “Taylor Swift of tech”. Alvin Nguyen, senior analyst at Forrester, told the BBC both Nvidia and Mr Huang have become the “face of AI”. This has helped the company so far, but it could also hurt its valuation if AI fails to deliver after firms have invested billions of dollars in the technology, Mr Nguyen said. “A thousand use cases for AI is not enough. You need a million.” Mr Nguyen also said Nvidia’s first-mover advantage means it has market-leading products, which its customers have spent decades using and has a “software ecosystem”. He said that rivals, such as Intel, could “chip away” at Nvidia’s market share if they developed a better product, though he said this would take time. [ad_2] Source link

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